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The stock market crashed and lost 12 times more money in three weeks than the government spends in a year. This marked the beginning of the Great Depression
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Droughts in the Great Plains were followed by giant dust storms. These harsh conditions led several families to move west to California. The Dust Bowl would last for six years.
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The rate of unemployment climbed from 4 million people in 1930 to 12 million just two years later. Unemployment during the Great Depression got as high as 25%.
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A group of WWI veterans marched to the White House and demanded early pensions. President Hoover eventually authorized General MacArthur to remove the protesters calling themselves the Bonus Army. MacArthur and his soldiers forcibly drove the veterans out and burnt their Hooverville to the ground.
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Franklin Delano Roosevelt entered office as the 32nd President of the United States. With his New Deal, he will turn the tide of the Great Depression and bring hope back to the American public.
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The Hoover Dam's construction was completed. The project began in 1931 and gave employment to 5000 men. When it was finished, Southwestern America was supplied with water and electricity.
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Joe Louis lost to Max Schmeling in their first match back in 1936, but Louis made a comeback at Yankee Stadium two years later. This match was seen as a battle of ideologies; the democracy of America fighting the totalitarianism of Nazi Germany. Louis won the rematch in 124 seconds. This fight rekindled a small flame of hope within all 70 million Americans who were listening to the match and struggling to get by each day.
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As part of FDR's "New Deal," Mount Rushmore was created by the Civilian Conservation Corps (CCC). To this day, it stands as a symbol of hope for both America's past and future.